Our Blog
Our blog publications offer our opinions, tips, and tools on a variety of topics. These articles are prepared by our consultants with specialties in compliance, quality control, staffing, training, mortgage technology, management solutions, secondary markets, loan servicing, and more.
Also, be sure to subscribe to our newsletter to get these articles and more sent directly to your inbox weekly!
How Much Discretion is Allowed?
By: Greggory B. Oberg, Esq. Pricing Discretion in Lending: How Much is “Too Much”? Fair lending remains one of the tougher compliance obligations to adhere t...
SCA Earns 2019 B&T Gold
By: Bill Dolan, CMB Just a few weeks ago, the phone rang and John Spillane, Principal of Spillane Consulting Associates, Inc. received notification from The ...
How Goes the Battle?
By: Bill Dolan, CMB Right now, many of you are in the process or have begun strategic planning and budgeting for 2020'. If you don’t have a mortgage strategy...
HMDA Partial Exemptions
By: Greggory B. Oberg, Esq. This article was first published in September of 2018, and has been updated and republished following the most recent HMDA
How to "Cure" a Non-QM Loan
By: Greggory B. Oberg, Esq. Among the provisions of the ATR/QM Rule is a limitation on points and fees. Under TILA, a mortgage cannot obtain "Qualified Mort...
Executive Reporting for Residential Lending: Part 1
A Reporting Framework By: Jay Gallo This past year at Spillane Consulting Associates, we were engaged by several clients to rebuild major portions of their r...
Appraisal Threshold Increased to $400,000
By: Greggory B. Oberg, Esq. The OCC, FRB, and FDIC have posted a Final Rule to the Federal Register; increasing the "transaction value" appraisal threshold. ...
Preparing Your Residential Lending Business for 2020: Ten Things To Do Now
By: Jay Gallo As many of you have started to prepare budgets for 2020, now is a prudent time to consider steps that will improve your residential mortgage bu...
Is Your Desk Rental RESPA Compliant?
By: Gregg Oberg, Esq. Recently, the FDIC highlighted RESPA Section 8 violations by financial institutions disguising otherwise permissive desk or office rent...
SCA Offers New Secondary Market Service for Small Lenders
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
Press Release: SCA & Optimal Blue
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
New 1003 URLA Will Present Major Hurdles for Lenders in 2020
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
The Banking Partner You Trust
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
Section-by-Section Analysis of the Private Flood Rule
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
The Private Flood Rule (In Less Words)
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
Second Look Audits
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
SCA Launches Systems Advantage Program
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
SCA Launches Training Advantage Program
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
SCA Introduces New Mortgage Services
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...
SCA Launches Compliance Advantage Program
Big News: One of the great things about SCA is the range of issues we get to see, and the wealth of knowledge we get to tap into while working with dozens of...